treasury bills: GK, General Studies and Current Affairs

RBI to conduct simultaneous purchase & sale of govt securities under OMO for Rs 10,000 crore

The Reserve Bank of India (RBI) have decided to conduct simultaneous purchase and sale of government securities under the Open Market Operation (OMO) for Rs 10,000 crore. Key Facts Simultaneous purchase and sale of government securities under OMOs is known as Operation Twist. Under the operation, the short-term securities are transitioned into long term securities. ..